9, SPENCER CLOSE, LINGWOOD, NORWICH, NR13 4BB - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 SPENCER CLOSE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £220,000 in August 2015, which was around 23% below the average August 2015 detached price in the Broadland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

9 SPENCER CLOSE Sold Prices

Land registry data shows three sales for 9 SPENCER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 9 SPENCER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 26 AUG	£220,000	£284,588	23% below HPI
2006 25 OCT	£189,950	£242,031	22% below HPI
2001 11 OCT	£89,950	£140,263	36% below HPI

9 SPENCER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 9 SPENCER CLOSE sales between October 2001 and August 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 SPENCER CLOSE?

9 SPENCER CLOSE is 68m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Lingwood, based on EPC data. The below chart shows the distribution of detached houses by size in Lingwood, and where 9 SPENCER CLOSE lies on this distribution: 8% of detached houses are smaller than 9 SPENCER CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lingwood.

9 SPENCER CLOSE: Plot and Title Map

9 SPENCER CLOSE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 9 SPENCER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 9 SPENCER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 9 SPENCER CLOSE?

9 SPENCER CLOSE is located in LINGWOOD, in the NR13 postcode district. The below map shows the position of No. 9 on SPENCER CLOSE.